Is Pharr, TX a good place to invest in rental property?

Pharr, TX has a median modeled monthly cash flow of $-574 and a median cap rate of 3.4%, on a median sold price of $199,900. Prices changed -0.8% year over year.

What is the average cap rate in Pharr, TX?

The median cap rate across recently sold homes in Pharr, TX is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pharr, TX?

The median sold price in Pharr, TX is $199,900 (about $132 per square foot).

Investing in Pharr, TX Real Estate

A data-driven snapshot of the Pharr, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$199,900Median sold price

$132Median $/sqft

3.4%Median cap rate

$-574Modeled cash flow / mo

-0.8%Appreciation YoY

12.6Months of supply

359Active listings

343Sold (last 12 mo)

What the Pharr numbers say

In Pharr, TX, the median home sold for $199,900 (about $132 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-574 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 12.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Pharr cash-flowing listings

CashFlowRE ranks every for-sale home in Pharr, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Pharr deals, or browse the national market data.